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Daiwa House Industry (OTCMKTS:DWAHY) Shares Gap Down - Here's Why

Daiwa House Industry logo with Real Estate background

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $33.47, but opened at $31.90. Daiwa House Industry shares last traded at $32.93, with a volume of 196 shares.

Daiwa House Industry Trading Up 1.2%

The firm has a market capitalization of $21.96 billion, a PE ratio of 9.88 and a beta of 0.49. The business's 50 day simple moving average is $33.98 and its 200 day simple moving average is $33.31.

Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported $1.31 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.83. The firm had revenue of $10.02 billion for the quarter, compared to analysts' expectations of $9.71 billion.

About Daiwa House Industry

(Get Free Report)

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.

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